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“GST Amendment Imposes No Burden on Citizens”

Photo Credits: PSM News

MIRA has clarified that the recent amendment to the tax law, which mandates the collection of GST from foreign tour operators, is not the introduction of a new tax. Rather, its objective is to broaden the tax base and enhance state revenue. This tourism-specific amendment enables foreign entities that market Maldivian tourism services without a permanent local establishment to register within the GST system. Furthermore, the Authority has assured that there will be no changes to the existing tax payment and filing procedures for businesses already registered with MIRA. This amendment was ratified by the President late last month.

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